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Greenridge Eyes Major Uranium Potential in Thelon Basin

Greenridge Exploration Inc (TSE:GXP) has released an update.

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Greenridge Exploration Inc. has announced promising prospects for its Nut Lake Uranium Project in Nunavut’s Thelon Basin, highlighting geological similarities with the renowned Athabasca Basin and potential for significant uranium deposits. The region is underexplored, but historical data and geological parallels suggest the possibility of substantial unconformity vein type mineralization. The company is gearing up for an exploratory 2024 season with high expectations for the Nut Lake Property.

For further insights into TSE:GXP stock, check out TipRanks’ Stock Analysis page.

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